What financing options are available for purchasing a Tesla Model X 2020 Performance (AWD) in the UAE?

There are several financing options available including bank loans, dealership financing, and leasing. Each option has different terms and interest rates.

How do I apply for a car loan for a Tesla Model X in the UAE?

You can apply for a car loan through banks or financial institutions either online or in-person. You'll need to provide documents such as proof of income, residency, and identification.

Will taking a car loan affect my credit score in the UAE?

Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.

What should I be cautious about when applying for a car loan?

Be cautious about the interest rates, loan tenure, and any hidden fees. Make sure to read the terms and conditions carefully.

What factors influence the car loan interest rates in the UAE?

Factors include your credit score, loan amount, loan tenure, and the bank's policies. Economic conditions can also play a role.

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Tesla Model X 2020 Performance (AWD) Car Loan Calculator in UAE

To finance this car, you can first calculate the installment price in UAE

Calculation Of Loans

Total Car PriceAED 456,900

Down PaymentAED 91,380

Monthly PaymentAED 30,791
Total CostAED 460,872
Loan Period12 Month

Car Loan Monthly Installments Schedule

Payment Schedule	Monthly Payment	Remaining Amount
1	AED 30,791	AED 338,701
2	AED 30,791	AED 307,910
3	AED 30,791	AED 277,119
4	AED 30,791	AED 246,328
5	AED 30,791	AED 215,537
6	AED 30,791	AED 184,746
7	AED 30,791	AED 153,955
8	AED 30,791	AED 123,164
9	AED 30,791	AED 92,373
10	AED 30,791	AED 61,582
11	AED 30,791	AED 30,791
12	AED 30,791	AED 0

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Tesla Model X 2020 Performance (AWD) Car Loan Calculator FAQs in UAE

There are several financing options available including bank loans, dealership financing, and leasing. Each option has different terms and interest rates.
You can apply for a car loan through banks or financial institutions either online or in-person. You'll need to provide documents such as proof of income, residency, and identification.
Yes, taking a car loan can affect your credit score. Timely payments can improve your score, while missed payments can lower it.
Be cautious about the interest rates, loan tenure, and any hidden fees. Make sure to read the terms and conditions carefully.
Factors include your credit score, loan amount, loan tenure, and the bank's policies. Economic conditions can also play a role.